Topic: ► ► ►HashFast Endorsement - page 22. (Read 36924 times)

You ignore my questions and call me a troll.  What are you trying to accomplish?

you know what?  i absolutely agree.  they should be here talking more but i guess that's why they brought me on board to handle all the flack.

they are all scrambling right now to get the website fixed.  personally, what i think is that the principals, Simon and especially Eduardo, aren't really comfortable posting on the forum.  this is just my opinion.  as you know, this place is shark infested and as a result, i guess they prefer to get work done.

having said that, i've informed them that it is of utmost importance for them to get their asses on here and clarify some of the terms i've intimated at.

for scammer scam hunter is troll.

please cypherdoc say why no one from HashFast is not here

are they kidnapped ? day off ?
in most important day in their company ? (SALES DAY)
is it really you or you will say that you have been hacked ?
hashfast website hacked too, fake shop without ANY OVERSEER!
when sales valued of millions of dollars are going (should be)

could you call them and post any notice?

"WE ARE SORRY THAT YOU CANT ORDER FROM US NOW"

or anything.

this is fishy. very.

why should i even bother to respond to a known troll?

Not a multimillion dollar co?  Could you offer a slightly more precise estimate?  Less than a mil?  Less than 100k?  Nothing but a website and a mouthpiece who doesn't know how to lie & can't be bothered with the cap key?

i get the sincere feeling you're jealous.

fact is, they are not a multimillion dollar company.  they are a startup and stand to lose everything.  i stand to lose my orders just like everyone else too.  and if they fail or cheat everyone i stand to lose my reputation.

it's definitely a risk that you've made clear you'd very much like to happen just b/c of who you are.

If you're getting paid, could we bother you to type on something with a frickin' shift key?  Not bothering with grammar is a bit disrespectful -- multi-million dollar companies deserve better.

perhaps b/c i actually believe they have a chance to accomplish what they want?  and perhaps b/c i actually went there and did some due diligence?  and perhaps since i've never lied or cheated anyone around here esp. my subscribers?

ppl get paid to endorse products and companies all the time.  is it all just a waste of money?

i'm trying to be balanced as best i can and not overhype anything or denigrate the competition.  hopefully i'm just pointing out the facts but if anyone wants to point out otherwise they're free to do so.

What I'm seeing is that there is no logical reason why hashfasts total production should not be in the TENS of petahash, and they have a direct competitor on the same scale, who we would also assume will ship TENS of petahash. Can't see anybody putting much money up if they were only gonna run off 10,000 chips. Then it is also reasonable to assume, that anybody (Bitfury, KNC, BFL, Avalon, AM, VMC/AMC) who has an ASIC design already or one in the pipeline will just get 100s of thousands of those run off to attempt to capture a nibble of the rapidly shrinking pie. Altogether the larger than 28nm ASICs may be a few more tens of petahash.

I think the electricity cost thing might not be as large a factor as anticipated, since the less efficient hardware will tend to migrate to where the electricity is cheapest. i.e. people running KNCs on 20c/kWh will be competing with Avalon hardware where they are paying 5c kW/h.

That leads me to anticipate a network total of 50 Petahash is possible, though the "Fug this" point would probably be about 25 petahash. Of course people will not knowingly buy off the shelf into this, but if they get orders hung up 3 months longer than anticipated, the network could be "oversold" very easily as it were. BUT despite that their shiny new $5000 miner might only make $20 a month over electric, a lot of people are going to turn them on, because they wanna scrape back any return they can if they have no other means of recompense.

Miners are tending to have 3-6 month ROI expectations, or better, because in a highly volatile market, 3 months is a very long time. It's said that one "internet year" is like 7 normal years, well I think bitcoin years are tending towards 7 internet years.

Anyway, this leads me to think that if other ASICs are not much delayed, that hashfast will be delivering to customers when diff is about 500M, but will be delivering a hash density that will put diff into billions very quickly, so 3 month earnings will look something like $1,500.. $500 .. $250 and then thank the gods we might be levelling off, but at about $120 a month before power costs... (For a single 400GH machine)

So the prospect of it barely half paying itself off, then making only about 10% net per year thereafter is not very attractive... also bearing in mind that after ~3 years the reward is gonna halve, so even if BTC stabilized dramatically multi year payoff is not on the cards.

Yah, nobody is going to get very wealthy mining any more, but this is becoming very low return for an inordinate degree of risk. Hence I am waiting it out until I can pay about $5 a gigahash.

Should BTC appear to have a non-bubble rise to $300 and not look real twitchy, then $15 a GH may be supportable, but it's not looking like it will get there before 2014 to me at the moment.

This!

Even when you have a working product in this game there seems to be a real lack credulity. Only ASICminer and BitFury are delivering as per promise. The rest are either failing to deliver or just promising. If someone wants to put their reputation on the line then let them. Buzzdave seems to have rehabilitated himself but ya you are right to call people on their hype and bs. Just think that your metric doesn't really do much to make me feel either warm or fuzzy for KnC and the rest. Given what has actually happened it is BitFury or Asciminer, both offering units or chips that are way over valued.

I am trying to be objective here, but it is hard when you sound more and more like a slick used car salesman.  ASIC consumers are not as desperate as they once were.  The preorder nonsense doesn't fly anymore after the BFL and Avalon fiascos.  A "Miner Protection Plan" is silly.  Just accept credit cards and deliver a quality working product on time like every other legitimate business.  Is that too much to ask?

Check out Uniquify, those are the ones actually developing the chips:
http://www.uniquify.com/

Asicminer 2/10, knc 3/10, vmc 6/10, cryonic 7/10

Apply test to other fabrications in the past... results?

Taking btc only ... Yes
No refunds ... Yes
Price below market point ... Yes
Paid shills ... Yes
No evidence of product prototype ... Yes
Limited offer expiring in few hours ... Yes
Website with amateur/broken design ... Yes
Aiming for thousands of btc in few hours ... Yes
Domain name registered weeks ago ... Yes
No clear contact/phone on website ... Yes

10/10 scam in my asic checklist

What metric are you using for calling this a "likely" scam?  You got some scamdar we don't know about?

No, because I'm not whoring my forum reputation out to advertise a likely scam LOL. Nice attempt at logics, I'm sure you'll get it next time.